Bancolombia S A : July 31, 2020, Bancolombia S.A . announces that resolution of General Shareholders Meeting.
August 03, 2020 at 05:21 pm EDT
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BANCOLOMBIA S.A. ANNOUNCES RESOLUTION OF GENERAL SHAREHOLDERS MEETING
Medellin, Colombia, July 31, 2020
At an extraordinary meeting held today, the General Shareholders Meeting of Bancolombia S.A. ("Bancolombia") adopted the decision to increase the Bank´s legal reserve, transferring the existing resources in the Occasional Reserve for the Equity Reinforcement and Future Growth with a value of COP $ 3.672.418.689.916,45
The decision was approved by 99.93% of the assembly's votes. An abstention of 0.07% was recorded, and the blank votes recorded represent 0.00% of the votes. No votes against were received. The results of the voting system were validated by the Bank´s Internal Auditor.
This decision will allow Bancolombia to maintain regulatory capital levels above the required regulatory minimums.
Contacts
Mauricio Rosillo Rojas
Jose Humberto Acosta
Carlos Raad Baene
Corporate VP
Financial VP
IR Director
Tel: (571) 4885675
Tel.: (571) 4885934
Tel.: (571) 4885371
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Bancolombia SA published this content on 31 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2020 21:21:01 UTC
Bancolombia S.A. (Bancolombia) is a financial institution engaged in providing a range of financial products and services to a diversified individual, corporate, and government customer base throughout Colombia, Latin America and the Caribbean region. The Bank operates through 10 segments: Banking Colombia, Banking Panama, Banking El Salvador, Leasing, Trust, Investment Banking, Brokerage, Off Shore and All other. It delivers its products and services through its regional network comprising Colombia's non-Government owned banking network, El Salvador's financial conglomerate by gross loans, Guatemala's bank, Panama's bank and off-shore banking subsidiaries in Panama, Cayman and Puerto Rico, as well as subsidiaries in Peru. The Bank and its subsidiaries offer Savings And Investment, Ahorro A La Mano, Financing, Mortgage Banking, Factoring, Financial and Operating Leases, Capital Markets, eTrading, Cash Management, Foreign Currency, Bancassurance, Investment Banking and Trust Services.
BANCOLOMBIA S.A. 
